Educational supplies price history from 2008 through 2020

Educational Supplies Inflation Calculator

Prices for Educational Supplies, 2008-2020 ($100)

According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies were 50.12% higher in 2020 versus 2008 (a $50.12 difference in value).

Between 2008 and 2020: Educational supplies experienced an average inflation rate of 3.44% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 2008 would cost $150.12 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.53% during this same period, inflation for educational supplies was higher.

In the year 2008: Pricing changed by 7.08%, which is significantly above the average yearly change for educational supplies during the 2008-2020 time period. Compared to inflation for all items in 2008 (3.84%), inflation for educational supplies was much higher.

Price Inflation for Educational books and supplies since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1982 (13.27%), 1981 (12.49%), and 1983 (10.32%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Educational books and supplies:

Year	1967	1968	1969	1970	1971	1972	1973	1974	1975	1976	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
CPI	33.692	35.425	37.392	38.792	41.425	44.150	45.567	47.217	50.267	53.667	56.875	61.642	65.708	71.375	80.292	90.950	100.333	108.775	118.208	128.117	138.117	148.100	158.025	171.292	180.308	190.367	197.625	205.533	214.417	226.917	238.375	250.742	261.717	279.925	295.933	317.575	335.417	351.008	365.617	388.842	420.390	450.156	482.086	505.590	529.518	562.448	594.624	615.393	648.193	678.840	689.573	696.226	685.453	675.768

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Buying power of $100 since 2008

Below are calculations of equivalent buying power for Educational supplies, over time, for $100 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2008	$100.00	7.08%
2009	$107.09	7.09%
2010	$112.31	4.88%
2011	$117.63	4.73%
2012	$124.95	6.22%
2013	$132.09	5.72%
2014	$136.71	3.49%
2015	$143.99	5.33%
2016	$150.80	4.73%
2017	$153.19	1.58%
2018	$154.66	0.96%
2019	$152.27	-1.55%
2020	$150.12	-1.41%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for educational supplies, 2008-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2008 * 2008 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Educational books and supplies was 450.156 in the year 2008 and 675.768 in 2020:

675.768 / 450.156 * $100 = $150.12

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2008 has the same "purchasing power" as $150.12 in 2020 (in the CPI category of Educational books and supplies).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Educational books and supplies in 1967. In addition to educational supplies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.